RE:RE:Undervalued, or Depressed because of bad ManagementSorry Trapped for hurting your feeling, but i make it hard argure when you have to come up with facts or any kind of meaningful inteligent exchange.
ARC is highly depress in terms of value, by a management team, and especially a business team that is not qualified to manage a 10 Billion enterprise value company.
Arc has several advantages to a company like TOU that is the darling of this space.
1: They have no spun a royality on all their properties.
2: They do own their infastructure
3: They own the very best play area in the Montney Kakwa.
On the Execution Side they Suck
- Plant utilization levels are low, especially in Kakwa
- Hedging could not be worse
- Share buyback do not return value at the same pace to shareholders as resouce development would.
Who cares what you say anyway Trapped, i have been here for a while, and i am only here because of Kakwa and feel that ARC increase in value is lagging. Especially in a 7 dollar U.S. gas enviroment, and management lack the business brains to run this company. A bunch of guys that do not know what to do, accountant that have no understanding of providing meaningful information to share holders.
IMHO